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3 years ago

The date on a monthly income statement prepared on April 30 is written as________.

Business

1 answer:

Simora [160]3 years ago

4 0

Answer:

(B) For Month Ended April 30, 20--.

Explanation:

Since, the income statement reflects the activities of the specific firm/entity/company for a particular period, therefore the date on income statement is always written in below manner depending on the number of months it represents.

If 12 months are represented by the income statement, then the date on such income statement is written as:

For year ended April 30,20--.

If 6 months are represented by the income statement, then the date on such income statement is written as:

For six months ended April 30,20--.

If 1 month is represented by the income statement, then the date on such income statement is written as:

For month ended April 30,20--.

Keeping in view the above discussion, the answer to the question shall be

(B) For Month Ended April 30, 20--.

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Aliun [14]

Answer: It would either be A or D.

Explanation:

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Speculative investments are high-risk investments with the possibility of high returns in a short period of time.

bixtya [17]

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3 years ago

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If you received a constant annual rate of return of 7% on an investment of $10,000, how many years will it take before you have

DaniilM [7]

Answer:

It will take 10 years to have $20,000 on investment of $10,000.

Explanation:

Annual Rate of return = r = 7%

Compounded Value / Future Value = FV = $20,000

Investment Value / Present Value = PV = $10,000

Use Future value formula to solve this question:

Future Value = Present Value x ( 1 + Number of Year )^Number of year

FV = PV x $( 1 + r )^{n}$

$20,000 = $10,000 x $( 1 + 0.07 )^{n}$

$\frac{20,000}{10,000}$ = $( 1 + 0.07 )^{n}$

$2 = $1 .07 ^{n$

Log 2 = n log 1.07

0.30 = n x 0.03

n = $\frac{0.30}{0.03}$

n = 10.00

n = 10 year (rounded off to nearest year )

It will take 10 years to have $20,000 on investment of $10,000.

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3 years ago

Cynthia works as a salesperson at an apparel showroom. A week ago, she met a customer who stated that a particular dress was qui

olasank [31]

Answer:

Assumptive close

Explanation:

Discount means cut off price

$\boxed{\sf Discount=Sold\:Price-Cost\!Price}$

Or simply

$\\ \sf\longmapsto Discount=S.P-C.P$

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Fitfabfun, trunk club, and naturebox represent a social media trend for the future. What change does this represent?

wel

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Disclaimer: Learn more about online shopping here

brainly.com/question/3988691

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